GBPUSD 4H : New forecast
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GBPUSD
New forecast
The British pound against the dollar pair opens today’s trading with a strong rise, penetrating the 1.2156 level and settling above it, heading towards the resistance 1.2192.
Therefore the the downward will scenario will be remain valid and effective but to confirm that should stable under 1.1292 and then will reach 1.2125 and then 1.2140,on the other hand above 1.2156 the price will try to retest to the resistance zone again and then will drop . taking into account that stabilized above 1.2216 will postponed the bearish waves .
The expect range trading for today it will be between the resistance line 1.2192 and support line 1.2104.
Additionally ,Today News will affect the market .
support line : 1.2156 , 1.2125
resistance line : 1.2192 , 1.2216
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The British pound against the dollar pair opens today’s trading with a strong rise, penetrating the 1.2156 level and settling above it, heading towards the resistance 1.2192.
Therefore the the downward will scenario will be remain valid and effective but to confirm that should stable under 1.1292 and then will reach 1.2125 and then 1.2140,on the other hand above 1.2156 the price will try to retest to the resistance zone again and then will drop . taking into account that stabilized above 1.2216 will postponed the bearish waves .
The expect range trading for today it will be between the resistance line 1.2192 and support line 1.2104.
Additionally ,Today News will affect the market .
support line : 1.2156 , 1.2125
resistance line : 1.2192 , 1.2216
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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